15th Sep 2023 11:30
Sunrise Resources PLC on Friday - Cheshire, England-based company focused on industrial mineral projects in Nevada - Says it expects US consumption of supplementary cementitious materials to rise by 10% per year to 154 million tonnes by 2030 from 129 million in 2021, following a market study to examine cement markets in the states of California and Nevada. Eyes output of natural pozzolan to increase substantially in California and Nevada.
Executive Chair Patrick Cheetham says: "The study that we have commissioned provides a detailed breakdown by volume and location for all cement production and use of cement and SCMs in the USA, and is already proving to be a useful tool in our endeavours to find a development partner for our natural pozzolan projects in Nevada."
"The company is currently waiting for a bulk sample from its Hazen natural pozzolan project to be test ground in a commercial grinding mill by an existing producer of natural pozzolan. It is also discussing joint development of its CS Natural pozzolan project with three companies."
Current stock price: 0.080 pence, trading flat
12-month change: down 33%
By Sabrina Penty, Alliance News reporter
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